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��14��5 �h�performan�e of�3orrower's covenan�s and agreements under th�s Secur��y Instrumen�and the Second Note. The full debt, i�ac�ud�ng amounts descr�bed in�a�, �b�,and(c]abo�e, �f r�ot due earl�er, is due and payable�n March 31,21�1. For this purpose, Borrower irre��cably gran�s and conve}�s t�Trustee, �n trus�,with power of sa�e,�he fol�ov��ng described property locat�d�n HALL County,NEBRASKA: See legal descript�on as Exh�bit A attached hereto and r�ade a part her�of for aIl intent�and purpuses which has the address af 717 E 13TH STREET,GRA�D ISLAND,NebraSka �88�1,["Property Address"} T��ETHER��TH all the improvements now or hereafter erec�ed on�he proper�y,and aIl easem�nts, rights, appur�enances, and f xtures no�or hereafter a par�of�he property.All rep�acements and add��zons sha��also be covered hy�his Se�urity Instrumen�.All of�he foregaxng is referred to�n�his Secur�ty Instrument as�he "Proper�y." ��RR��TVER��VENANTS that Borrower is lawfully s�ized af the estate hereby conveyed and has the right�o grant and convey the Proper�y and�ha��he Pr�pert�is an�y encumbered by a First Se�urxty �ns�rument gi�ven by Borrovver and da�ed�he �ame date as this Security Instrum�nt�"Firs�Security Ins�rument"}. Borrower warrants and wi�� defend generally the ti�le ta�he Proper�y agaznst a1�claims and demands,subj ect�o any en�umbrances of recard. - TH�S SE�UR�TY INSTRUMENT comb�nes uniform co�enants for na�iona�use and non-uniform co�enants with lim�t�d variat�ans b�jur�sdict�on�o c�nsti�ute a un�form s�cur�ty ins�rument covering rea�pr�per�y. UN�F�RM��VENANTS.Borro�ver and Lender covenant and agree as follo�s: l.Payment of Principal and Interest.Borrower sha�l pay v�hen due the principal �f,and�n�erest on, the debt ev�denced b�the SeGond Note. Z.Pa�ment af Praperty Charges.Borrower shall pay aI�prflpert�charges c�ns�s��ng of taxes,ground ren�s,fload and hazard insurance premiums,and spec�al assessmen�s in a��me�y manner, and shall provide ev�dence of payment to Lender, unless Lender pa�s property charges by w�thholding funds from monthly payments due ta�he Borrower or by charg�ng such payments to a�ine of credit as pravided far in�he Loan Agreement.Lender may r�quire Borrower�o pay spec�f�ed property charges directly tfl�he part�owed paymen.t even though Lender pa�s other property charges as provided in th�s Paragraph. 3. F�re,Fiaod and�ther Hazard Insurance.Borrawer shall insure all impro�emen�s on�he Propert}�, whether now in ex�stence or subsequ�ntl�er�cted,agains�any hazards, casualt�es,and contingenci�s, including fire.Th�s �nsurance shal�be maintained�n the amounts,�o the ex�en�and for�h�periods r�quzred by Lender.Borrower sha11 also �nsure a�l improvements an�he Property,whe�h�r now�n �x�stence or subsequently erected, against lass by floods ta�he exten�required by Lender. The insurance poli��es and any renewa�s shall be held by Lender and shall znc�ude loss payab�e clauses�n favor of,and in a form acceptab�e ta,Lend�r. �n the��ent of loss,B�rrower sha1�give Lender immediate not�ce by mail. Lender may make proof of loss if not made prompt�y by Borrov�er. Each insuranc�company concerned is hereby au�horized and d�rected to make payment f�r such lass to Lender, �nstead of�o Barr�wer and Lender jo�ntly. �nsurar��e proceeds shal�b�applied to res�ora�ion�r repair of the dama�ed Proper�_y, �f the res�oration ar repa�r�s pag� Z a�� HECM Secand Deed�f Trus�